Sec. 261.005. DURATION OF PERFECTION AND NOTICE. The perfection and notice provided by the filing of a utility security instrument under Section 261.004 take effect on the date of filing and remain in effect without any renewal, refiling, or continuation statement until the interest granted as security is released by the filing of a termination statement, or a release of all or a part of the property, signed by the secured party.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Structure Texas Statutes
Title 8 - Security Instruments
Chapter 261 - Utility Security Instruments
Section 261.002. Act Constituting Filing
Section 261.003. Applicability of Chapter
Section 261.004. Filing Utility Security Instrument With Secretary of State: Perfection and Notice
Section 261.005. Duration of Perfection and Notice
Section 261.006. Priorities and Remedies Applicable to Certain Perfected Security Interests
Section 261.007. Notice of Name Change, Merger, or Consolidation
Section 261.008. Endorsement and Filing by Secretary of State; Fees
Section 261.009. Certificate of Filing; Fee
Section 261.010. Copy of Filed Utility Security Instrument; Fee
Section 261.011. Notice of Utility Security Instrument Affecting Real Property